Cibc World Market Inc. Has $950,000 Stock Holdings in JELD-WEN Holding, Inc. (NYSE:JELD)

Cibc World Market Inc. increased its stake in shares of JELD-WEN Holding, Inc. (NYSE:JELDGet Rating) by 46.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 65,079 shares of the company’s stock after acquiring an additional 20,754 shares during the quarter. Cibc World Market Inc.’s holdings in JELD-WEN were worth $950,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of JELD. Soapstone Management L.P. boosted its holdings in JELD-WEN by 2.4% in the 1st quarter. Soapstone Management L.P. now owns 750,000 shares of the company’s stock valued at $15,210,000 after purchasing an additional 17,500 shares during the period. Pzena Investment Management LLC lifted its holdings in shares of JELD-WEN by 6.8% during the 1st quarter. Pzena Investment Management LLC now owns 7,900,293 shares of the company’s stock worth $160,218,000 after acquiring an additional 503,453 shares during the period. Versor Investments LP lifted its holdings in shares of JELD-WEN by 139.0% during the 1st quarter. Versor Investments LP now owns 20,162 shares of the company’s stock worth $409,000 after acquiring an additional 11,727 shares during the period. GW&K Investment Management LLC lifted its holdings in shares of JELD-WEN by 19.9% during the 1st quarter. GW&K Investment Management LLC now owns 121,927 shares of the company’s stock worth $2,473,000 after acquiring an additional 20,230 shares during the period. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in shares of JELD-WEN by 5.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 7,083,001 shares of the company’s stock worth $143,643,000 after acquiring an additional 343,177 shares during the period. Institutional investors own 99.54% of the company’s stock.

Insider Buying and Selling at JELD-WEN

In other news, major shareholder Turtle Creek Asset Management bought 11,000 shares of the stock in a transaction dated Thursday, August 25th. The stock was bought at an average price of $12.44 per share, for a total transaction of $136,840.00. Following the completion of the acquisition, the insider now directly owns 30,600 shares in the company, valued at approximately $380,664. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director David G. Nord acquired 20,000 shares of the firm’s stock in a transaction that occurred on Friday, September 9th. The stock was acquired at an average price of $11.00 per share, for a total transaction of $220,000.00. Following the completion of the acquisition, the director now owns 20,000 shares of the company’s stock, valued at approximately $220,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Turtle Creek Asset Management acquired 11,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 25th. The shares were bought at an average price of $12.44 per share, with a total value of $136,840.00. Following the acquisition, the insider now directly owns 30,600 shares of the company’s stock, valued at approximately $380,664. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 290,050 shares of company stock valued at $2,846,000. Corporate insiders own 1.81% of the company’s stock.

JELD-WEN Stock Up 0.5 %

JELD-WEN stock opened at $9.69 on Monday. JELD-WEN Holding, Inc. has a 1-year low of $8.38 and a 1-year high of $27.59. The firm has a market capitalization of $817.24 million, a price-to-earnings ratio of 17.00 and a beta of 2.30. The firm’s fifty day moving average price is $9.54 and its two-hundred day moving average price is $13.30. The company has a current ratio of 2.02, a quick ratio of 1.22 and a debt-to-equity ratio of 2.84.

JELD-WEN (NYSE:JELDGet Rating) last released its quarterly earnings data on Monday, October 31st. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.28. JELD-WEN had a net margin of 1.07% and a return on equity of 22.51%. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the firm earned $0.45 earnings per share. The business’s quarterly revenue was up 13.0% compared to the same quarter last year. On average, equities research analysts predict that JELD-WEN Holding, Inc. will post 1.69 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on JELD shares. StockNews.com started coverage on shares of JELD-WEN in a report on Wednesday, October 12th. They set a “hold” rating for the company. Wolfe Research cut shares of JELD-WEN from a “peer perform” rating to an “underperform” rating and set a $7.00 price target for the company. in a research report on Tuesday, November 8th. B. Riley decreased their price objective on shares of JELD-WEN from $17.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, November 1st. Credit Suisse Group cut shares of JELD-WEN from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $20.00 to $9.00 in a research report on Friday, October 14th. Finally, The Goldman Sachs Group decreased their price objective on shares of JELD-WEN from $15.00 to $10.00 and set a “neutral” rating for the company in a research report on Wednesday, October 12th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $12.69.

About JELD-WEN

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JELD-WEN Holding, Inc designs, manufactures, and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, aluminum, and wood composite windows.

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Institutional Ownership by Quarter for JELD-WEN (NYSE:JELD)

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